Dec 30

After guilty plea, N.Y. congressman to resign

NEW YORK — After pleading guilty to tax evasion last week, U.S. Rep. Michael Grimm vowed to stay in Congress as long as he could. The New York Republican now plans to resign, saying he cannot give the job his…

Dec 20

Congress passes last-minute tax breaks. What should you know?

WASHINGTON -- In an almost annual ritual, Congress has passed a last-minute package of temporary tax breaks, sparing millions of businesses and individuals from unwanted tax increases just weeks before start of filing season. Congress extends these tax breaks every…

Dec 16

Obama to sign Russia sanctions bill

WASHINGTON — President Barack Obama will sign legislation slapping new sanctions on Russia and providing weapons and other aid to Ukraine despite White House concerns that military assistance will further escalate the conflict, the White House said Tuesday.